TPL Plastech Limited , a prominent player in the plastic industry, has announced that its shareholders have given a resounding approval to two significant related party transactions for the financial year 2025-2026. The approval came through a postal ballot voting process, demonstrating strong shareholder confidence in the company's strategic decisions.

Key Highlights of the Shareholder Approval

• Transactions Approved: Two material related party transactions received shareholder approval:

  1. A transaction with Time Technoplast Limited, the holding company of TPL Plastech
  2. A transaction with Avion Exim Private Limited

• Voting Process: The remote e-voting was conducted from June 27 to July 26, 2025, with results declared on July 28, 2025.

• Overwhelming Support: Both ordinary resolutions received near-unanimous approval:

  • 99.99% votes in favor
  • Only 0.01% votes against

Voting Details

• Shareholder Participation: Out of 33,559 total shareholders on the record date (June 20, 2025), votes representing 1.96% of outstanding shares were polled.

Voting Process and Scrutiny

• The e-voting was conducted through MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited).
• Arun Dash & Associates served as the scrutinizer for the voting process, ensuring transparency and accuracy.

Management Commentary

While specific management comments were not provided, the overwhelming approval suggests strong shareholder trust in the company's decision-making and future strategic direction.

About TPL Plastech Limited

TPL Plastech Limited is known for its involvement in the plastic industry. The company's shares are listed on the National Stock Exchange and BSE Limited.

This shareholder approval for related party transactions indicates TPL Plastech's commitment to transparency and corporate governance, as well as its strategic focus on strengthening business relationships within its corporate structure and with key partners for the upcoming financial year.

TPL Plastech , a leading player in the plastics industry, has announced its fourth quarter financial results, showcasing robust growth across key financial metrics. The company has also recommended a dividend, signaling confidence in its financial position.

Q4 Financial Highlights

TPL Plastech reported impressive growth in its Q4 performance:

The company's revenue for the quarter stood at ₹922.00 crore, marking a significant year-over-year growth of 11.49% from ₹827.00 crore in the same quarter of the previous fiscal year.

Profitability Improvements

TPL Plastech demonstrated strong profitability metrics in Q4:

• EBITDA: The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to ₹113.00 crore, up from ₹98.00 crore in the corresponding quarter of the previous year, representing a robust growth of 15.31%.

• EBITDA Margin: The EBITDA margin improved to 12.29%, up from 11.80% in the same quarter last year, indicating enhanced operational efficiency.

• Net Profit: The company's net profit for Q4 rose to ₹68.00 crore, compared to ₹60.70 crore in the year-ago period, showcasing a healthy growth of 12.03%.

Dividend Announcement

In a move that will likely please shareholders, TPL Plastech's board has recommended a dividend of ₹1.00 per equity share. This dividend announcement reflects the company's commitment to delivering value to its shareholders and its positive outlook on future performance.

Quarterly Performance Trend

The company's Q4 net profit of ₹68.00 crore also represents a slight decrease from the ₹69.00 crore reported in the previous quarter. This marginal quarter-on-quarter dip of 1.45% suggests that while the company maintains strong year-over-year growth, it faces some sequential challenges in maintaining profit levels.

Conclusion

TPL Plastech's Q4 results demonstrate the company's ability to drive revenue growth and improve profitability in a competitive market environment. The improved EBITDA margin indicates effective cost management and operational efficiency. With a solid financial performance and a dividend announcement, TPL Plastech appears well-positioned for continued growth.

Investors and stakeholders will likely keep a close eye on how the company maintains its growth trajectory and manages any potential headwinds in the plastics industry moving forward.